Global VC firm Antler raises over US$300 million, expands focus to invest in startups to Series C

Global Venture Capital firm Antler has recently announced that it has raised over $300 million for its fund to date. The investors in the fund include Phoenix Group, Schroders, and Vaekstfonden.

Antler’s primary focus will remain pre-seed stage funding with the firm now having the ability to offer its portfolio companies follow-on-capital as they nurture and scale, up to Series C. The firm seeks to invest in the most exceptional people in the world.

“We continue to provide support for our founders from the earliest stages and are thrilled to be able to continue investing in them as they grow,” said Magnus Grimeland, CEO and founder of Antler. “We look forward to backing even more entrepreneurs that are redefining industries in the future.”

Antler has recently recruited new partners Erik Jonsson, Naman Budhdeo, Subir Lohani, and Jhio Kang to lead its Vietnam, Canada, Indonesia, and Korea teams respectively. For the later-stage investment team Antler onboards Teddy Himler from SoftBank.

“As a longstanding partner and investor in Antler, we are delighted to continue our investment in Antler. It is a unique opportunity to gain exposure to a global growth portfolio of innovative technology companies, and to ensure a steady stream of capital is being invested in companies that will define how we all live and work in the future,” shared Lieven Debruyne, global head of distribution, Schroders.

To date, the VC firm has invested in across 30 industries in about 360 companies globally since 2018. Out of these about 40 percent of companies have at least one female co-founders.

Antler boasts of an online platform of resources and tools. It supports its portfolio companies with hands-on assistance with new market entry, introductions to global investors, and access to a global network of more than 600 expert advisors.

Antler confirms its position as a long-term partner in providing continued investment and support for exceptional entrepreneurs. The company now also intends to invest in companies outside its portfolio at Series A and seed stages. To oversee the ongoing investments Antler has put together a team led by its partners- Stefan Jung, Martell Hardenberg, Teddy Himler, and Navi Singh.

Antler believes that it has a robust structural advantage in deal flow sourcing from regionally focused early-stage investments in 5 continents across 15 countries including, Canada, Australia, Denmark, India, Germany, Indonesia, Norway, Kenya, Singapore, The Netherlands, South Korea, UK, US, Sweden, and Vietnam.